NIFTY is expected to trade in the range of 24800-26380 levels for the upcoming week. 26380 has been acting as a strong resistance since last few months, and I expect this will continue for the week. A close above this level(26400), will fuel the rally. On the downside, a breach of 24800 levels, likley to take NIFTY to its next support level of 24400.
Trade active
As expected, NIFTY has traded within the mentioned range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.